Housing Hope
Public records raise at least one point you should look into before giving.
What it says it does
TO PROMOTE AND PROVIDE A CONTINUUM OF SAFE, DECENT, AFFORDABLE HOUSING AND NECESSARY RELATED SERVICES FOR VERY LOW INCOME AND LOW INCOME RESIDENTS OF SNOHOMISH COUNTY AND CAMANO ISLAND.
- Income
- $9.6 million
- Spending
- $14.7 million
- Spent on programs
- 73%
- Reserves
- -21.2 months of spending
- Largest source of income
- fees for its services, 51%
- Employees
- 265
- Volunteers
- 182
- Highest pay
- $198,802, ceo
Source: Form 990 for the year ending June 30, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 25 out of 100. Higher than 3% of charities in its peer group (housing, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 69% of what it owns.
Living within its means
0 of 15Spending exceeded income by 53% of income.
Income trend
5 of 15Income fell 13% on the year before.
Spending floor
15 of 1573% of spending went to programs and raising each dollar of donations cost 18 cents.
Source: Form 990 for the year ending June 30, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 2520 of 21 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $7.1 million spent. DURING THE YEAR ENDED JUNE 30, 2023, HOUSING HOPE PROVIDED 601 AFFORDABLE UNITS (INCLUDING TAX CREDIT INCENTIVES) OF WHICH SIX WERE EMERGENCY SHELTER UNITS AND 236 DEDICATED TO SERVING HOUSEHOLDS THAT WERE EXPERIENCING HOMELESSNESS. SOCIAL SERVICES TAILORED TO THE NEEDS OF EACH HOUSEHOLD ARE PROVIDED BY THE AGENCY THAT IS CENTERED BY INDIVIDUALIZED FAMILY SUPPORT MANAGEMENT AND BASIC LIFE SKILLS.
- $1.1 million spent. THE CHILDHOPE INITIATIVE IS COMPRISED OF FOUR PROGRAMS: TOMORROW'S HOPE CHILD DEVELOPMENT CENTER, PARENTING EDUCATING COURSES AT COLLEGE OF HOPE, HOUSING HOPE'S TEEN AND YOUNG FAMILIES PROGRAM, AND IN-HOME INTERVENTIONS PROVIDED BY CHILD AND FAMILY SPECIALISTS. EACH OF THESE PROGRAMS HELP HOMELESS AND VERY LOW-INCOME CHILDREN RECOVER FROM EARLY TRAUMAS, SETTING THEM ON THE PATH TOWARD A LIFETIME OF SUCCESS. DURING THE YEAR ENDED JUNE 30, 2023, THESE PROGRAMS SERVED 171 CHILDREN, 185 PARENTS, AND 121 FAMILIES.
- $1.3 million spent. THE AGENCY'S SOCIAL SERVICE PROGRAM HAS BEEN "VOCATIONALIZED" TO HELP PARTICIPANTS GAIN CRITICAL JOB READINESS SKILLS NECESSARY TO BE COMPETITIVE IN THE JOB MARKET AND TO CONTRIBUTE POSITIVELY TO THE COMMUNITY'S WORKFORCE. EMPLOYMENT READINESS PROGRAM COMPONENTS INCLUDE CLASSES, COACHING, MENTORING AND VOLUNTEERING AND PAID JOBS EXPERIENCES. AS PARTICIPANTS INCREASE THEIR EMPLOYMENT READINESS SKILLS, THEY ARE ASSISTED TO SECURE PERMANENT PAID EMPLOYMENT THAT BECOMES THE LAUNCHING PAD FOR HELPING THEM DETERMINE A CAREER DIRECTION AND PATH. DURING THE YEAR ENDED JUNE 30, 2023, THE COLLEGE OF HOPE PROGRAM PROVIDED 271 INDIVIDUALS CLASSES TO IMPROVE THEIR SKILLS AND KNOWLEDGE IN THE AREAS OF PARENTING & FAMILY LIFE, MENTAL HEALTH, ECONOMIC WELLBEING, HEALTH & WELLNESS AND HOUSING EXPERTISE.
- $1.2 million spent. OTHER SOCIAL SERVICE PROGRAMS - CASE MANAGEMENT, COUNSELING FOR CLIENTS, CLIENT ASSISTANCE.
Source: Form 990 for the year ending June 30, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Caution.
Most recent return on file covers the year ending June 2023. Organizations that miss three years of returns lose their exemption.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.